-Business Standard State governments granted 401 reconnaissance permits and 920 prospecting licences between November 2007 and December 2014 Only one-fourth of companies with reconnaissance permits or prospecting licences have submitted mineral exploration data to the government in the last seven years, according to the ministry of mines. State governments granted 401 reconnaissance permits and 920 prospecting licences between November 2007 and December 2014. Of these, 186 holders of reconnaissance permits and 151 prospecting...

-The Economic Times KOCHI: Hit by a slump in prices of tea and rubber, the plantation industry in Kerala has suggested a series of measures including a three year moratorium on taxes, a single window clearance system for diversification projects under the permission to use 5% land for activities other than plantations and purchase of one lakh kg of tea a week from Kochi Auctions by the Kerala State Civil Supplies...

-The Indian Express Among the Modi government’s many hits was one crucial miss — agriculture. The Narendra Modi sarkar’s performance in the first year has at least five major achievements and one major miss. To ensure that this neglect does not become its Achilles’ heel, the Modi sarkar will have to focus on and initiate reforms in this weakest link in the chain — agriculture. Else, it will not let the Indian...

-Economic and Political Weekly Much has been claimed on behalf of the Mines and Minerals (Development and Regulation) Amendment Act that has been enacted by Parliament, but the legislation has introduced a watered-down version of Auctions, has many exceptions to legalise the old first-cum-firstserve approach, and ignores previous Supreme Court rulings on measures to ensure sustainable development. E A S Sarma (eassarma@gmail.com) is a former Union Power Secretary. With a brute majority in...

-Hindustan Times The issue of recovering the full extent of the value of our natural resources from parties to whom they are being assigned has reverberated throughout the economy ever since the Supreme Court delivered its judgements in the 2G scam (dealing with the State's earnings from selling spectrum) and on coal block allocations. In both instances, past practice and legal provisions had unwittingly handed these resources to parties at a pittance. Under...